This indicator calculates a base moving average (EMA, SMA, WMA, or HMA) and projects multiple symmetrical envelope bands around it directly on the price chart. Users can adjust the length, source, moving average type, and initial envelope multiplier. Additiona
Indicator · Pine Script v6 · On the chart
MRM Scanner
The MRM Scanner is a multi-symbol technical analysis tool that scans a user-defined watchlist of up to 20 stock symbols.
GitHub stars1on the repository
Pine versionv6current
Lines of code601
Settings5inputs
LicenceNone stated
Last update3 months ago1 Jul 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
MRM Scanner calculates a cloud from 144 and 169 EMAs along with Fibonacci retracement levels based on swing highs and lows over a configurable lookback period. The script plots an automatically sorted table displaying four market stages for each symbol: TRENDING, RETURNING, SETUP, and TRIGGERED, ordered by stage priority and freshness of cloud interaction. If the chart symbol appears in the watchlist, Fibonacci levels are overlaid directly on the price chart. Main inputs control the watchlist symbols, analysis timeframe, swing lookback, maximum bars since last cloud touch, and optional reference display. The scanner draws the table and chart overlays on the price chart.
- Multi-symbol scanner table
- 144/169 EMA cloud
- Fibonacci retracement levels
- Automatic stage sorting
- Watchlist configuration
Details
Published by
majohnst on GitHub
Type
Indicator, Pine Script v6
Draws
On the price chart
Category
Screeners & dashboards, Moving averages, Support & resistance
Markets
Stocks
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
File
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Watchlist (comma-separated, max 20 symbols) | string | AAPL,MSFT,NVDA,TSLA,META,AMZN,GOOG,AMD,COIN,MSTR | i_syms |
| Analysis timeframe | timeframe | 1D | i_tf |
| Swing lookback (bars) | int | 60 | i_lb |
| Max bars since cloud touch | int | 30 | i_fresh |
| Show strategy reference | bool | false | i_show_ref |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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